Feedback Form
(USA) Moody's Investors Service said the downturn in print advertising led by classified advertisements for real estate continues to support its negative rating outlook on the US newspaper industry. The number of downgrades of newspaper issuers topped the number of upgrades for a fourth... read more »
Discuss   Add this link to...  Tell a friend  

 

(USA) Fitch Ratings has affirmed Georgia-Pacific LLC's (GP) ratings. Although earnings will be modestly softer than last year, debt levels will not have noticeably grown by year-end (around an estimated 5.2 times [x] EBITDA), and as a consequence 2007's financial metrics will not have changed too read more »
Discuss   Add this link to...  Tell a friend  

 

(Russia) Russia's environmental watchdog has raised the sum of a lawsuit against the Baikal pulp mill from $19.2 million to $129.3 million. read more »
Discuss   Add this link to...  Tell a friend  

 

(Canada) Tembec has announced that it has gained additional support for the proposed recapitalization transaction announced on December 19, 2007... read more »
Discuss   Add this link to...  Tell a friend  

 

(Finland) UPM’s Tervasaari and Caledonian paper mills have been awarded an EU Flower. The European Eco-label has been given for the envelope and bag papers of Tervasaari and the magazine paper of the Caledonian mill... read more »
Discuss   Add this link to...  Tell a friend  

 

(Canada) Cascades has announced that the merger of its European recycled boxboard operations with Reno de Medici has been delayed in order to allow sufficient time to complete approval procedures with the competent antitrust regulators... read more »
Discuss   Add this link to...  Tell a friend  

 

(Canada/USA) Caraustar has announced that it has acquired Mayers Fibre Tube & Core, located in Winnipeg, Manitoba, Canada. Mayers is a manufacturer of construction tubes, waxed void tubes, paper cores, plastic test cyclinder molds, paper mailing tubes and metal end... read more »
Discuss   Add this link to...  Tell a friend  

 

(Norway) Norske Skog will, in cooperation with the Norwegian forest owners, establish a joint venture to develop and produce wood-based biofuel. A prototype facility for biodiesel will be built in connection with Norske Skog Follum at Hønefoss... read more »
Discuss   Add this link to...  Tell a friend  

 

(USA) NewPage Corporation today announced the completion of the previously-announced acquisition of Stora Enso Oyj's North American paper manufacturing operations... read more »
Discuss   Add this link to...  Tell a friend  

 

(North America) Sonoco will increase prices in North America for all uncoated recycled paperboard grades by $40 per ton effective with shipments on January 21, 2008, according to Marty Pignone, vice president - Paper, North America. In addition, prices for some specialty grades of paper... read more »
Discuss   Add this link to...  Tell a friend  

 

(USA) Verso Paper has announced that it has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission relating to its proposed initial public offering of common stock. All of the shares being offered will be sold by Verso Paper... read more »
Discuss   Add this link to...  Tell a friend  

 

(Sweden) Honeywell has announced a contract to provide Billerud, a leading Swedish manufacturer of packaging paper, with a Da VinciTM Quality Control System (QCS) and a range of actuators as part of a project to rebuild the company’s paper machine at its plant in Karlsborg, Sweden... read more »
Discuss   Add this link to...  Tell a friend  

 

(Norway) Unionen AS has decided to propose Jan Grini and Uta Stoltenberg as new members of Norske Skog´s corporate assembly. Furthermore, Petter A. Stordalen is suggested as a new member of the election committee, at Norske Skog´s general meeting on January 10th 2008... read more »
Discuss   Add this link to...  Tell a friend  

 

(USA) Shares of specialty fibers maker Buckeye Technologies Inc. rose Thursday after a UBS analyst upgraded the stock on a decline in the share price and strength in one of the company's major markets... read more »
Discuss   Add this link to...  Tell a friend  

 

(USA) In accordance with the constitution of the United Steelworkers, the USW’s International Executive Board has by unanimous vote named District 2 Director Jon Geenen the union’s international vice president with responsibility for national paper industry bargaining... read more »
Discuss   Add this link to...  Tell a friend